UNDERGROUND

Cosmos shaft gets the shaft as review continues

IGO has decided stop working on the shaft at the Cosmos nickel mine it bought when it took over Western Areas and will instead truck ore to the surface.

The headframe for the Cosmos shaft.

The headframe for the Cosmos shaft.

The move could put an end to the electric mine dream the late Peter Bradford had for the operation. IGO warns that it will likely have to record a further impairment against Cosmos in its first half...

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